Upcoming Dividend • Jun 10
Upcoming dividend of €0.13 per share Eligible shareholders must have bought the stock before 17 June 2026. Payment date: 19 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of French dividend payers (5.3%). Higher than average of industry peers (1.5%). New Risk • May 22
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€70.2m market cap, or US$81.4m). Announcement • May 05
Guillemot Corporation S.A. (ENXTPA:GUI) commences an Equity Buyback for €5 million worth of its shares, under the authorization approved on June 5, 2025. Guillemot Corporation S.A. (ENXTPA:GUI) commences share repurchases on April 30, 2026, under the program mandated by the shareholders in the Annual General Meeting held on June 5, 2026. As per the mandate, the company is authorized to repurchase €5 million worth of its shares such that in any event holdings of its own shares does not exceed 10% of its issued share capital. The maximum purchase price per share is set at 20 euros. The objectives of the program include liquidity of the security. The plan will be valid for 18 months. Announcement • May 01
Guillemot Corporation S.A., Annual General Meeting, Jun 04, 2026 Guillemot Corporation S.A., Annual General Meeting, Jun 04, 2026. Location: 2 rue du chene heleuc, carentoir France Reported Earnings • Mar 26
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: €0.17 loss per share (down from €0.08 profit in FY 2024). Revenue: €127.2m (up 1.7% from FY 2024). Net loss: €2.43m (down 307% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Tech industry in France. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Jan 27
Now 21% overvalued Over the last 90 days, the stock has fallen 6.7% to €4.62. The fair value is estimated to be €3.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Dec 17
Now 20% overvalued Over the last 90 days, the stock has fallen 15% to €4.57. The fair value is estimated to be €3.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Nov 17
Now 20% overvalued Over the last 90 days, the stock has fallen 11% to €4.58. The fair value is estimated to be €3.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Oct 23
Now 20% overvalued Over the last 90 days, the stock has fallen 1.8% to €4.89. The fair value is estimated to be €4.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Meanwhile, the company became loss making. Major Estimate Revision • Aug 01
Consensus EPS estimates fall by 349%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €112.8m to €116.5m. Forecast EPS reduced from -€0.01 to -€0.045 per share. Tech industry in France expected to see average net income growth of 54% next year. Consensus price target up from €5.95 to €6.65. Share price rose 6.0% to €5.28 over the past week. Announcement • May 02
Guillemot Corporation S.A., Annual General Meeting, Jun 05, 2025 Guillemot Corporation S.A., Annual General Meeting, Jun 05, 2025. Location: 2 rue du chene heleuc, carentoir France Major Estimate Revision • May 01
Consensus revenue estimates decrease by 15% The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €133.4m to €112.8m. EPS estimate unchanged from -€0.013 per share at last update. Tech industry in France expected to see average net income growth of 102% next year. Consensus price target down from €7.50 to €5.95. Share price was steady at €4.98 over the past week. Price Target Changed • May 01
Price target decreased by 21% to €5.95 Down from €7.50, the current price target is an average from 2 analysts. New target price is 19% above last closing price of €4.98. Stock is down 9.5% over the past year. The company is forecast to post a net loss per share of €0.013 compared to earnings per share of €0.08 last year. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €4.98, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 6x in the Tech industry in France. Total loss to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.65 per share. New Risk • Mar 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 79% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€85.1m market cap, or US$92.2m). Reported Earnings • Mar 28
First half 2024 earnings released: EPS: €0.17 (vs €0.19 loss in 1H 2023) First half 2024 results: EPS: €0.17 (up from €0.19 loss in 1H 2023). Revenue: €56.0m (up 16% from 1H 2023). Net income: €2.44m (up €5.36m from 1H 2023). Profit margin: 4.4% (up from net loss in 1H 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 4 years, compared to a 6.0% growth forecast for the Tech industry in France. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Mar 28
Consensus EPS estimates fall by 36% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.551 to €0.35 per share. Revenue forecast steady at €133.4m. Net income forecast to shrink 29% next year vs 28% growth forecast for Tech industry in France . Consensus price target down from €8.75 to €7.50. Share price was steady at €5.92 over the past week. Price Target Changed • Mar 27
Price target decreased by 17% to €7.50 Down from €9.05, the current price target is an average from 2 analysts. New target price is 26% above last closing price of €5.96. Stock is up 23% over the past year. The company is forecast to post earnings per share of €0.26 for next year compared to €0.064 last year. Major Estimate Revision • Jan 31
Consensus EPS estimates increase by 27%, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €130.8m to €128.2m. EPS estimate rose from €0.204 to €0.26. Net income forecast to shrink 3.0% next year vs 33% growth forecast for Tech industry in France . Consensus price target of €9.00 unchanged from last update. Share price fell 19% to €6.28 over the past week. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €6.28, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 9x in the Tech industry in France. Total loss to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.34 per share. New Risk • Nov 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €94.6m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€94.6m market cap, or US$99.6m). Major Estimate Revision • Nov 05
Consensus EPS estimates increase by 267% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.06 to €0.22. Revenue forecast steady at €130.8m. Net income forecast to shrink 0.4% next year vs 18% growth forecast for Tech industry in France . Consensus price target up from €7.88 to €8.85. Share price was steady at €6.78 over the past week. Price Target Changed • Nov 04
Price target increased by 13% to €8.85 Up from €7.85, the current price target is an average from 2 analysts. New target price is 29% above last closing price of €6.88. Stock is up 23% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.064 last year. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €5.90, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 9x in the Tech industry in France. Total loss to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.22 per share. Reported Earnings • Oct 01
First half 2024 earnings released: EPS: €0.17 (vs €0.19 loss in 1H 2023) First half 2024 results: EPS: €0.17 (up from €0.19 loss in 1H 2023). Revenue: €56.0m (up 16% from 1H 2023). Net income: €2.44m (up €5.36m from 1H 2023). Profit margin: 4.4% (up from net loss in 1H 2023). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Tech industry in France. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. New Risk • Sep 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Buy Or Sell Opportunity • Sep 28
Now 40% overvalued The stock has been flat over the last 90 days, currently trading at €6.08. The fair value is estimated to be €4.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 55%. Revenue is forecast to grow by 10% in a year. Earnings are forecast to grow by 56% in the next year. Major Estimate Revision • Sep 26
Consensus EPS estimates fall by 67% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €132.2m to €130.1m. EPS estimate also fell from €0.301 per share to €0.10 per share. Net income forecast to grow 56% next year vs 49% growth forecast for Tech industry in France. Consensus price target broadly unchanged at €7.70. Share price was steady at €5.24 over the past week. Buy Or Sell Opportunity • Jun 13
Now 20% undervalued Over the last 90 days, the stock has risen 40% to €6.68. The fair value is estimated to be €8.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 51% per annum over the same time period. Buy Or Sell Opportunity • May 23
Now 20% undervalued Over the last 90 days, the stock has risen 37% to €6.60. The fair value is estimated to be €8.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 51% per annum over the same time period. Major Estimate Revision • Apr 28
Consensus EPS estimates increase by 16% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.31 to €0.36. Revenue forecast unchanged at €130.0m. Net income forecast to grow 460% next year vs 58% growth forecast for Tech industry in France. Consensus price target of €7.35 unchanged from last update. Share price rose 5.7% to €5.52 over the past week. New Risk • Mar 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 58% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (€73.0m market cap, or US$78.7m). Price Target Changed • Mar 30
Price target decreased by 8.2% to €7.30 Down from €7.95, the current price target is an average from 2 analysts. New target price is 51% above last closing price of €4.85. Stock is down 37% over the past year. The company is forecast to post earnings per share of €0.31 for next year compared to €0.06 last year. Reported Earnings • Mar 28
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: €0.06 (down from €1.35 in FY 2022). Revenue: €119.1m (down 37% from FY 2022). Net income: €964.0k (down 95% from FY 2022). Profit margin: 0.8% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Tech industry in France. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. New Risk • Feb 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€80.6m market cap, or US$86.8m). Price Target Changed • Feb 06
Price target decreased by 12% to €7.95 Down from €9.04, the current price target is an average from 2 analysts. New target price is 46% above last closing price of €5.45. Stock is down 41% over the past year. The company is forecast to post a net loss per share of €0.04 compared to earnings per share of €1.35 last year. New Risk • Jan 15
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €91.3m (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (€91.3m market cap, or US$99.9m). Price Target Changed • Oct 30
Price target decreased by 7.7% to €8.94 Down from €9.69, the current price target is an average from 2 analysts. New target price is 56% above last closing price of €5.73. Stock is down 51% over the past year. The company is forecast to post earnings per share of €0.07 for next year compared to €1.35 last year. Reported Earnings • Oct 01
First half 2023 earnings released: €0.19 loss per share (vs €1.19 profit in 1H 2022) First half 2023 results: €0.19 loss per share (down from €1.19 profit in 1H 2022). Revenue: €48.1m (down 51% from 1H 2022). Net loss: €2.92m (down 116% from profit in 1H 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Tech industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. New Risk • Sep 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 26% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Upcoming Dividend • May 31
Upcoming dividend of €0.25 per share at 3.7% yield Eligible shareholders must have bought the stock before 07 June 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of French dividend payers (5.3%). Higher than average of industry peers (1.9%). Major Estimate Revision • May 11
Consensus EPS estimates fall by 82% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.437 to €0.078 per share. Revenue forecast steady at €139.4m. Net income forecast to shrink 94% next year vs 20% growth forecast for Tech industry in France . Consensus price target down from €11.94 to €9.84. Share price was steady at €6.80 over the past week. Reported Earnings • Mar 28
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: €1.33 (up from €0.90 in FY 2021). Revenue: €188.0m (up 6.4% from FY 2021). Net income: €20.4m (up 49% from FY 2021). Profit margin: 11% (up from 7.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to stay flat during the next 2 years compared to a 3.0% growth forecast for the Tech industry in Europe. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Mar 07
Price target decreased by 18% to €15.73 Down from €19.23, the current price target is an average from 2 analysts. New target price is 69% above last closing price of €9.32. Stock is down 24% over the past year. The company is forecast to post earnings per share of €1.05 for next year compared to €0.90 last year. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €9.92, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 22x in the Tech industry in Europe. Total returns to shareholders of 362% over the past three years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €10.46, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 26x in the Tech industry in Europe. Total returns to shareholders of 370% over the past three years. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Maryvonne Roch-Nocera was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Price Target Changed • Oct 05
Price target decreased to €18.15 Down from €21.10, the current price target is an average from 2 analysts. New target price is 44% above last closing price of €12.64. Stock is up 11% over the past year. The company is forecast to post earnings per share of €1.40 for next year compared to €0.90 last year. Reported Earnings • Sep 30
First half 2022 earnings released: EPS: €1.18 (vs €0.24 in 1H 2021) First half 2022 results: EPS: €1.18 (up from €0.24 in 1H 2021). Revenue: €98.1m (up 39% from 1H 2021). Net income: €18.1m (up 389% from 1H 2021). Profit margin: 18% (up from 5.2% in 1H 2021). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Tech industry in Europe. Over the last 3 years on average, earnings per share has increased by 74% per year and the company’s share price has also increased by 74% per year. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €10.10, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 20x in the Tech industry in Europe. Total returns to shareholders of 344% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.93 per share. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €11.04, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 16x in the Tech industry in Europe. Total returns to shareholders of 292% over the past three years. Upcoming Dividend • Jun 08
Upcoming dividend of €0.25 per share Eligible shareholders must have bought the stock before 15 June 2022. Payment date: 17 June 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of French dividend payers (4.9%). Higher than average of industry peers (1.7%). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Maryvonne Roch-Nocera was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 15% share price gain to €14.50, the stock trades at a trailing P/E ratio of 8.5x. Average forward P/E is 19x in the Tech industry in France. Total returns to shareholders of 361% over the past three years. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 15% share price gain to €16.38, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 24x in the Tech industry in France. Total returns to shareholders of 403% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 16% share price gain to €13.28, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 24x in the Tech industry in France. Total returns to shareholders of 241% over the past three years. Reported Earnings • Sep 26
First half 2021 earnings released: EPS €0.24 (vs €0.48 in 1H 2020) The company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €70.5m (up 70% from 1H 2020). Net income: €3.69m (down 50% from 1H 2020). Profit margin: 5.2% (down from 18% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jun 10
Upcoming dividend of €0.25 per share Eligible shareholders must have bought the stock before 16 June 2021. Payment date: 18 June 2021. Trailing yield: 1.8%. Lower than top quartile of French dividend payers (3.7%). Higher than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improved over the past week After last week's 18% share price gain to €15.66, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 32x in the Tech industry in France. Total returns to shareholders of 274% over the past three years. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS €1.95 (vs €0.42 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €120.6m (up 98% from FY 2019). Net income: €29.8m (up €36.2m from FY 2019). Profit margin: 25% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €12.80, the stock is trading at a trailing P/E ratio of 56.1x, down from the previous P/E ratio of 67.1x. This compares to an average P/E of 40x in the Tech industry in France. Total returns to shareholders over the past three years are 241%. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 17% share price gain to €13.45, the stock is trading at a trailing P/E ratio of 59x, up from the previous P/E ratio of 50.4x. This compares to an average P/E of 41x in the Tech industry in France. Total returns to shareholders over the past three years are 248%. Is New 90 Day High Low • Jan 30
New 90-day high: €12.30 The company is up 56% from its price of €7.90 on 30 October 2020. The French market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 28% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: €10.00 The company is up 12% from its price of €8.96 on 13 October 2020. The French market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improved over the past week After last week's 16% share price gain to €10.00, the stock is trading at a trailing P/E ratio of 43.8x, up from the previous P/E ratio of 37.9x. This compares to an average P/E of 33x in the Tech industry in France. Total returns to shareholders over the past three years are 110%. Valuation Update With 7 Day Price Move • Nov 30
Market bids up stock over the past week After last week's 17% share price gain to €8.42, the stock is trading at a trailing P/E ratio of 36.9x, up from the previous P/E ratio of 31.6x. This compares to an average P/E of 32x in the Tech industry in France. Total returns to shareholders over the past three years are 76%. Valuation Update With 7 Day Price Move • Oct 29
Market pulls back on stock over the past week After last week's 19% share price decline to €7.16, the stock is trading at a trailing P/E ratio of 31.4x, down from the previous P/E ratio of 38.6x. This compares to an average P/E of 22x in the Tech industry in France. Total returns to shareholders over the past three years are 77%. Valuation Update With 7 Day Price Move • Oct 26
Market pulls back on stock over the past week After last week's 16% share price decline to €6.90, the stock is trading at a trailing P/E ratio of 30.3x, down from the previous P/E ratio of 36.2x. This compares to an average P/E of 26x in the Tech industry in France. Total returns to shareholders over the past three years are 60%. Is New 90 Day High Low • Oct 08
New 90-day high: €8.54 The company is up 135% from its price of €3.64 on 10 July 2020. The French market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 4.0% over the same period.